Heritage Foods Q1 net profit falls 38% to Rs 25.2 crore as milk costs squeeze margins

Heritage Foods posted record Q1 FY26 revenue of Rs 1,338 crore (+17.7%), but high milk procurement costs dragged net profit down 37.9% to Rs 25.2 crore. EBITDA fell 16.3% to Rs 61.8 crore, with margin narrowing to 4.6% from 6.5%. Value-added products hit 44% of revenue; firm acquired full HNFL stake.

— Filed Thu, 16 Jul, 2026, 19:11 IST · Source NDTV Profit · Updated

Heritage Foods' Q1 net profit fell 37.9% to Rs 25.2 crore as high milk procurement costs squeezed margins, despite record revenue of Rs 1,338 crore. Value-added dairy (paneer, curd, ice cream) hit 44% of revenue; acquired full HNFL stake.